• Frank Ring@lemmy.world
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    5 days ago

    Too much socialism encourage laziness, incompetence and poverty.

    Too much capitalism encourage inequity, exploitation and consumerism.

    I think both socialism and capitalism have their own pros and cons. But both are necessary.

    • Cowbee@lemmy.ml
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      5 days ago

      Too much socialism encourage laziness, incompetence and poverty.

      Does it? Says who? The Chicago school of economics?

      Too much capitalism encourage inequity, exploitation and consumerism.

      All Capitalism.

      What good does Capitalism do?

        • Cowbee@lemmy.ml
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          5 days ago

          You’re very wrong, and failed to address any of my arguments or back your own claims up, it’s jusy vibes and mysticism.

          • Frank Ring@lemmy.world
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            5 days ago

            I didn’t fail to address any argument.

            If you actually worked at least once in your life, you would understand the value of working, making money, competency and being useful to society.

            I think you’re coping because you’re useless and incompetent. You’re using socialism as an escape mechanism.

            • freshcow@lemmy.world
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              5 days ago

              You clearly have a misconception of what socialism is. Socialism does not mean sit around and collect benefits from the government. It means that workers (yes, people who WORK) own the means of production, rather than the do-nothing capitalist class which makes money parasitically from simply owning things.

              • Frank Ring@lemmy.world
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                5 days ago

                On a fundamental level, socialism encourages it. And you, you seem to have a misconception of what capitalism is and how money works.

                Yes, the best and most effective way to make money is by owning things and hiring people, and letting them work for you. I own a business myself.

                You call it ‘parasite’ and that can be true to an extent when it turns evil and only profit-driven.

                If you choose to be a normal wage worker that doesn’t own anything, then yeah, capitalism is probably not for you. You’ll be stuck in an endless rat race and feel like a slave all your life.

                My advice is to stop trading your time for money and start owning things that generate money for you.

                That’s why I think a healthy balance of both socialism and capitalism is optimal.

                • Cowbee@lemmy.ml
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                  4 days ago

                  “My advice is simply to not be poor and become a member of the tiny owner class, like me, that practices wage slavery on the vast majority of the rest of society. 👍”

                  You can’t make this up

                  • Frank Ring@lemmy.world
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                    4 days ago

                    I don’t practice wage slavery. I do have my own business, and I don’t even have employees. I use technology and softwares as leverage.

                    And I’m not part of the 1% either. Far from it.

                    But I understand that to make money, you have to understand how money operates and work for it.

                    I don’t think expecting the government to pay and provide for everything is a good solution.

                    The gov should definitely take care of some things, but not everything. Some things should be accountable to the individuals themselves.

            • Cowbee@lemmy.ml
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              5 days ago

              I have worked, and continue to work. I understand how my labor is exploited by the bourgeois class and I do not recieve the bulk of the Value I create. I suggest reading Wage Labor and Capital and Value, Price and Profit.

              I am certainly not the absolute most competent worker who ever lived, but I am definitely far more competent than the parasites exploiting me without lifting a finger.